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    March soybean futures have been trading in a relatively

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    March soybean futures have been trading in a relatively narrow 25-cent range over the past five sessions. The subdued volatility is partly due to market players awaiting the USDA WASDE report, which could reset both yield and export assumptions. Andrew here. We’ve seen this movie before: Right before midnight, as a government shutdown looms, one side blinks and a deal is reached. That’s what usually happens. Soybean losses were capped by stronger grains prices, with wheat and corn prices up by 1.38% and 3.26% on the day, respectively. Despite an overall bearish tone from South American crop progress, March soybean futures remain resilient above $12.

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